Examlex
Explain personal digital assistants (PDAs).
Discount Rate
The fee in terms of interest that depository institutions and commercial banks pay for loans taken from the lending establishment of their regional Federal Reserve Bank.
Monetary Policy
Monetary policy involves the management of a country's money supply and interest rates by its central bank to control inflation, unemployment, and economic growth.
Reserve Requirements
Regulations set by central banks determining the minimum amount of reserves that banks must hold against deposits, influencing the bank's ability to lend.
Money Supply
The total amount of monetary assets available in an economy at any specific time, including cash, bank deposits, and other liquid assets.
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